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Lyft files for IPO

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Staff Writer |
America   Lyft

Ride-hailing company Lyft filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering, ending months of speculation about the timing of its much-awaited market debut.

The company, which was last valued at about $15 billion, did not specify the number of shares it was selling or the price range for the offering in a confidential filing with the SEC.

The IPO is slated for the first half of 2019, sources have told Reuters.

Lyft's IPO is expected to commence after the SEC completes its review process, it said here in a press release on Thursday.

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